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Sunday 23.09.2018 | Name days: Vanda, Veneranda, Venija

Study: GDP potential to drop due to qualified labour shortage

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Alongside with the decrease in qualified labour offer, gross domestic product (GDP) growth potential will drop as well, concluded the University of Latvia PhD student of Social Demographics Ivars Indans (Ivars Indāns) in the study Highly Qualified Labour From Third Countries. International Experience and Latvia’s Situation.

The aim of the study was to analyse the situation in Latvia regarding highly-qualified labour from third countries. This issue is topical for several reasons. Firstly, directive on the entry and residence of third-country nationals for the purposes of highly-qualified employment will enter into force in 2011. Secondly, the depopulation of Latvia and negative migration figures inevitably raise the question about attracting labour from abroad. Thirdly, highly-qualified workforce is closely associated with the Latvian education system and the development of innovation, Indans informed the agency LETA.

At the moment, there are approximately 166 000 people unemployed in Latvia; however, several sectors encounter lack of skilled workforce. Qualified labour offer decreasing, the GDP growth potential will drop as well. In order to search for ways to improve the situation, the study analyses three aspects, which Latvia should take into account to change critical future situations.

One solution to the demographic decline is to cope with the existing situation and connect the economic growth with technological development and innovative approach to the economy. For several countries the technology and innovation development is a way to avoid liberal immigration policy; however, the overall tendencies suggest open labour market and possibly greater attraction of highly-qualified workforce is important for the technological development.

This area faces increasingly fierce and growing competition among countries, enterprises and research centres. The formation of highly-qualified labour is closely related to the internationalisation of higher education. Therefore, this study looks at the international experience, Latvia’s situation and possibilities in such issues as immigration policy of the highly-qualified labour, introduction of technologies and innovations, as well as the proportion of foreign students at universities.


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  1. Ren says:

    The researcher has a point, and there should be more studies that not only evaluate all the negative and positive aspects considering qualified labour attraction, but also provide alternative measures to increase the country’s economic growth.

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